Market Share of South America Agricultural Machinery Industry
The market is consolidated by a few players holding the major share. The industry is dominated mainly by the local machinery manufacturing industries, and Brazil is the sixth-largest exporter of machinery units. Major key players in the market are Deere & Company, CLAAS KGaA mbH, Mahindra & Mahindra Ltd. CNH Industrial, and AGCO Corporation. In the regions, leading firms predominantly employ strategies like new product launches, partnerships, and acquisitions. These firms are forging strategic alliances with domestic companies to bolster their distribution networks and introduce innovative tractors tailored to local farmers' needs.
South America Agricultural Machinery Market Leaders
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Deere & Company
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Mahindra & Mahindra Ltd.
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CNH Industrial
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AGCO Corporation
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CLAAS KGaA mbH
*Disclaimer: Major Players sorted in no particular order
